Emerge Capital Management is an investment advisory firm which provides investment management services for clients and distribution, investment management and consulting services for other registered investment advisors. We began providing services in January 2016. Emerge provides a platform of emerging manager strategies for use by individuals and other investment advisors. Emerge also provides these firms with consulting services to assist them in the launch process of their strategies. Emerge pursues consulting assignments and sales directly with foundations, endowments and corporate pension plans. For these plans, Emerge provides the services required, such as asset allocation, performance reporting, ongoing oversight and administration. Emerge accepts direct accounts for discretionary management with sub-advisors on a limited basis. The firm’s principal owners are Lisa Lake Langley and Charles Spiring. Ms. Langley is our CEO, sole director and Chief Compliance Officer. Investment Advisory Services Emerge provides investment advisory services to institutional clients and other investment advisors. The program of services depends on the needs and preferences of each client. These services involve continuous and regular account supervision and review. a. Administrative Services- Emerge handles administration of the platforms emerging manager distribution clients where we are able to place their investment strategies. In this case, model portfolios are designed by the sub-advisor who then informs Emerge. Emerge implements stock selections based on price and available assets in the account, and ensures timely application of any mandate changes to all accounts for all platforms. b. Portfolio Management for institutional clients or businesses- Based on the institutions investment objectives and asset allocation needs, Emerge will make recommendations of suitable investment managers (sub-advisors) to match their objectives. Emerge will function as a “manager of managers” utilizing sub-advisors. These strategies will be subject to any security restrictions the client/institution may have. Further guidelines imposed by the institutions/clients may affect the composition and performance of individual portfolios. As such, investment portfolios with the same asset allocation and investment objective may differ. Investment guidelines and restrictions will be received in writing. c. Performance

Evaluation and Monitoring- Selection of other advisors (sub-advisors)- Emerge will monitor the performance of sub-advisors and make recommendations based on their style, performance history, risk metrics/risk management in consideration of the investment goals stated. The custodian of the account will provide monthly/quarterly statements. The firm will maintain account performance with its portfolio management system. d. Assets Under Management- The discretion of the stock selection will be delegated to each underlying investment manager selected based on the client’s specific investment Emerge Capital Management Inc. -5- objectives. As of December 31, 2023, we provided continuous management services for $76,070,059. in client assets on a discretionary basis and for $36,707,995. in client assets on a non-discretionary basis. e. Emerge Manager of Managers Platform (“EMP/EMPWR”) - Emerge will provide portfolio management services to clients using model asset allocation portfolios which we will tailor to meet the unique needs of particular clients. We manage these advisory accounts on a discretionary basis only. We maintain an investment policy statement for each institutional client, which documents specific requirements and security restrictions. On a quarterly basis, we provide clients with a detailed performance statement. f. Distribution Services- Emerge contacts other professional advisors/investors, corporations, foundations, endowments on behalf of investment managers who hire Emerge. Emerge performs due diligence on distribution clients, including their investment performance, discipline and methodology. g. Educational Seminars/ Workshops- Emerge provides training to advisors to learn more about the investment strategies we represent. We only provide marketing materials which have been pre-approved by each investment manager. Emerge also helps advisors become more familiar with offering discretionary investment management services and how these services are differentiated from as example, mutual funds. h. Consulting- Emerge provides consulting to smaller corporations, pension funds or non- profit groups. This includes helping the organization determine an appropriate asset mix and how to move forward with an implementation plan. Also how to examine the type of reporting needed for them to manage the performance and service of each investment manager selected. Emerge Capital Management Inc. -6-